Coats Group (LON:COA) Stock Price Crosses Below 200-Day Moving Average – Here’s Why

Coats Group plc (LON:COA)’s stock price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 82.98 and traded as low as GBX 82.83. Coats Group shares last traded at GBX 84.23, with a volume of 5,217,663 shares trading hands.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on COA shares. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 111 price target on shares of Coats Group in a research report on Wednesday, July 29th. Berenberg Bank restated a “buy” rating and set a GBX 135 target price on shares of Coats Group in a research note on Wednesday, July 29th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 110 target price on shares of Coats Group in a research note on Wednesday, July 29th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and issued a GBX 125 target price on shares of Coats Group in a report on Friday, May 8th. Five research analysts have rated the stock with a Buy rating, According to MarketBeat.com, Coats Group presently has an average rating of “Buy” and a consensus target price of GBX 121.20.

Coats Group Price Performance

The company has a debt-to-equity ratio of 151.37, a quick ratio of 1.06 and a current ratio of 1.61. The company has a market capitalization of £1.61 billion, a PE ratio of 15.60, a P/E/G ratio of 0.92 and a beta of 1.26. The company’s 50-day simple moving average is GBX 79.16 and its 200-day simple moving average is GBX 82.99.

About Coats Group

Coats is a world-leading Tier 2 manufacturer and trusted partner for the apparel and footwear industries, delivering the essential materials, components, and software solutions that help our customers grow, compete and win.

We help the apparel and footwear industry perform at its best through impactful sustainability solutions, insight-led innovation and industry-leading technology platforms.

Headquartered in the UK, Coats is a FTSE 250 company and a constituent of the FTSE4Good Index. In 2025, we generated $1.5 billion in revenue and employed 19,000 people worldwide — all united by a spirit of innovation, quality and service.